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Topic: TradeHill - Who we are - page 11. (Read 42352 times)

full member
Activity: 280
Merit: 100
June 19, 2011, 02:50:29 PM
#31
Something doesn't add up here Mt.gox crashes and they go on a PR spree?

Why does that seem suspicious? They want to get more business.
hero member
Activity: 854
Merit: 1000
June 19, 2011, 02:47:16 PM
#30
In regards to the servers we're on it. It's one thing to grow quickly and another to have the entire Bitcoin world try to log in at once.
That's EXACTLY what you need to be prepared for though.  If you can't handle the load during extremely pressing times, then you're little better than Mt. Gox.  If you're going to be THE defacto exchange (and you now have a hell of an opportunity and I wish you luck) then you need to change your way of thinking.
hero member
Activity: 742
Merit: 500
June 19, 2011, 02:46:54 PM
#29
I am looking forward to TH supporting deposit and withdrawals in EUR.
Account funding via paysafe cards or uKash might be one way to speed up times but might be a little expensive.

Does anyone understand why, in the 21st C bank transfers take so long?

Because banks operate around the interests of the banks, while bitcoin is built around the interests of the people Smiley
member
Activity: 280
Merit: 10
June 19, 2011, 02:45:23 PM
#28
putting my tinfoil hat on, this all seems very strange.

Mtgox is hacked/crashed - goes offline

Mass of threads/posts about how Mtgox was hacked, unsafe etc.

Mass of threads/posts about how we should all switch to Tradehill

Introduction thread about who tradehill is, within several hours of Mtgox going offline.


The chance of this all being coincidence seems very high to me, this definitely looks like a duck to me.

this
newbie
Activity: 52
Merit: 0
June 19, 2011, 02:43:39 PM
#27
putting my tinfoil hat on, this all seems very strange.

Mtgox is hacked/crashed - goes offline

Mass of threads/posts about how Mtgox was hacked, unsafe etc.

Mass of threads/posts about how we should all switch to Tradehill

Introduction thread about who tradehill is, within several hours of Mtgox going offline.


The chance of this all being coincidence doesn't seem very high, this definitely looks like a duck to me.
newbie
Activity: 37
Merit: 0
June 19, 2011, 02:42:52 PM
#26
I am looking forward to TH supporting deposit and withdrawals in EUR.
Account funding via paysafe cards or uKash might be one way to speed up times but might be a little expensive.

Does anyone understand why, in the 21st C bank transfers take so long?
sr. member
Activity: 464
Merit: 250
June 19, 2011, 02:39:11 PM
#25
the first place I can trade from uk bank to BTC and back again Will win my vote. atm It seems a chore to get cash back and forward
newbie
Activity: 16
Merit: 0
June 19, 2011, 02:32:50 PM
#24
Just for the record, I've spoken to rep's from th when I had a few issues and the response obtained was accurate and quick. Volume seems to be going higher. And, well, judging for the circumstances...
full member
Activity: 193
Merit: 100
June 19, 2011, 02:32:33 PM
#23
I hope tradehill starts implementing more secure authentication like SMS, because it's going to be the next target since mtgox got completely owned.
member
Activity: 103
Merit: 10
June 19, 2011, 02:31:45 PM
#22
Something doesn't add up here Mt.gox crashes and they go on a PR spree?
sr. member
Activity: 364
Merit: 250
June 19, 2011, 02:29:51 PM
#21
What better time to do a commercial then the "superbowl" of Bitcoin...

Wink
newbie
Activity: 28
Merit: 0
June 19, 2011, 02:28:59 PM
#20
Well I give you kudos for jumping on the obvious opportunity here, and I hope the Tradehill leadership stays in contact with the community like this. Looking forward to seeing the improvements and hopefully making a buck.
member
Activity: 280
Merit: 10
June 19, 2011, 02:25:25 PM
#19
This might be a completely ridiculous question, but here it goes anyway....

Did you have anything to do with the Mt Gox crash?

Your timing of officially introducing yourself on the forum is just WAY too perfect to think that it was a coincidence. The only other possibilities I can think of at this point is that you are just sitting here waiting for Mt Gox to mess up or you just happen to see the big screw up and you rush your introduction.
full member
Activity: 182
Merit: 100
June 19, 2011, 02:19:29 PM
#18
Need the option to deal with Canadian currency.
sr. member
Activity: 420
Merit: 250
June 19, 2011, 02:18:59 PM
#17
We can accept international wires. If you want to buy Bitcoin with any currency.
Go to your bank, buy USD and then wire it in.
SEPA is coming ASAP, we are growing as fast as possible.
We don't want to over extend ourselves and fail. We would much rather provide a reliable service.

In regards to the servers we're on it. It's one thing to grow quickly and another to have the entire Bitcoin world try to log in at once.



If BTC is to take off, it needs to be able to be traded QUICKLY. Im glad to hear you are working on the servers. I hope you do get them sorted. Any plans for adding an option for faster funding? Waiting days for a bank transfer isnt cool, either.

If we receive a wire before 5PM EST our bank will normally clear it the same day and we can credit it the same day. We can't say this 100% as it's possible for delays in the banks but we have had a lot come in very quickly. We're hiring people as fast as reasonably possible. We want to maintain good customer service and don't feel it's fair to deploy anyone on their own that isn't completely familiar with Bitcoin and how we operate.

In regards to security our lead coder could speak more specifically but I do know that he is taking every precaution and security is paramount. You will see a few changes soon that should make you feel more secure as well.

Regards,
Jered
member
Activity: 71
Merit: 10
June 19, 2011, 02:17:16 PM
#16
TradeHill - Given the same issue as MtGox (a compromised large account), how would you deal with it and protect the marketplace?

https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback

Huge Bitcoin sell off due to a compromised account - rollback

Mark Karpeles
posted this on Jun-20 04:07
The bitcoin will be back to around 17.5$/BTC after we rollback all trades that have happened after the huge Bitcoin sale that happened on June 20th near 3:00am (JST).

Service should be back by June 20th 10:00am (JST, 01:00am GMT) with all the trades reversed and accounts available.

One account with a lot of coins was compromised and whoever stole it (using a HK based IP to login) first sold all the coins in there, to buy those again just after, and then tried to withdraw the coins. The $1000/day withdraw limit was active for this account and the hacker could only get out with $1000 worth of coins.

Apart from this no account was compromised, and nothing was lost. Due to the large impact this had on the Bitcoin market, we will rollback every trade which happened since the big sale, and ensure this account is secure before opening access again.

0 People found this helpful - Me too!
newbie
Activity: 30
Merit: 0
June 19, 2011, 02:14:54 PM
#15
Can I buy BTC for $0.01 like on Mt. Gox?
newbie
Activity: 56
Merit: 0
June 19, 2011, 02:10:46 PM
#14
Are you guys learning from Mtgox's mistakes/shortcomings? I foresee Tradehill increasing in traffic and volume in the next few days with what's been going on with Mtgox. This means you guys will be the new targets on the block.

And be prepared for website scaling.  Grin
newbie
Activity: 28
Merit: 0
June 19, 2011, 02:10:11 PM
#13
We can accept international wires. If you want to buy Bitcoin with any currency.
Go to your bank, buy USD and then wire it in.
SEPA is coming ASAP, we are growing as fast as possible.
We don't want to over extend ourselves and fail. We would much rather provide a reliable service.

In regards to the servers we're on it. It's one thing to grow quickly and another to have the entire Bitcoin world try to log in at once.



If BTC is to take off, it needs to be able to be traded QUICKLY. Im glad to hear you are working on the servers. I hope you do get them sorted. Any plans for adding an option for faster funding? Waiting days for a bank transfer isnt cool, either.
sr. member
Activity: 420
Merit: 250
June 19, 2011, 02:09:27 PM
#12
tell us about your security infrastructure. some details. how can we trust you?
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